Digital Asset, the company behind the pioneering Canton Network, announced it has raised $135 million in its strategic funding round. Led by DRW Venture Capital and Tradeweb Markets, the round includes participation from major institutions in both traditional and decentralized finance, including BNP Paribas, Circle Ventures, Citadel Securities, The Depository Trust & Clearing Corporation (DTCC), Goldman Sachs, IMC, Liberty City Ventures, Optiver, Paxos, Polychain Capital, QCP, Republic Digital, 7RIDGE, and Virtu Financial.

This funding accelerates institutional and decentralized finance adoption on the Canton Network, the only public, permissionless Layer-1 blockchain that offers configurable privacy and institutional-grade compliance at scale. The capital will rapidly expand the integration of hundreds of billions of real-world assets (RWAs) onto Canton, building upon its already substantial deployment of diverse asset classes, including bonds, money market funds, alternative funds, commodities, repurchase agreements (repos), mortgages, life insurance, and annuities.

The raise also deepens the relationship with several firms already part of the Canton Network and its Global Synchronizer Foundation, including, BNP Paribas, DRW, Goldman Sachs, Liberty City Ventures, QCP, and Tradeweb, all of whom have played various roles in either the testing, governance, infrastructure, or app development on the Network since its inception. The Canton Network, built and operationalized by Digital Asset in close partnership with top global financial institutions and technology providers, represents the inevitable next phase of financial infrastructure. Canton has experienced rapid growth over the past year, with nearly 400 ecosystem participants on the Network, including global leaders in both traditional and decentralized finance.

This funding highlights the market's recognition of Digital Asset's vision and the pioneering design of the Canton Network, the only network built from the ground up with configurable on-chain privacy. By allowing institutions to tailor privacy settings to their specific needs, Canton overcomes the primary barrier to blockchain adoption: the conflict between transparency and financial confidentiality. As the first comprehensive solution of its kind, Canton bridges the gap between blockchain innovation and real-world financial compliance.